Amazon Announces Dramatic Storage Rate Increase

Amazon released new storage rates beginning October 1st. The rates, in some cases, could double your long-term storage fees.

For a limited time, Amazon is allowing FBA sellers to remove their product fee of charge.

HYC has a solution to receive, repack, and store your material for future replenishment to Amazon.

Note, removals from Amazon do not come back in the clean master cartons you sent them in. You can be 100% sure the freight will need to be repacked in master cartons before they are returned to Amazon (see image attached of typical Amazon return).

If you would like to learn of our lost cost solutions to receive, store, and re-pack your FBA product, please contact us at ateam@hyclogistics.com

Below is the content from the Amazon announcement.

Thank you, and we look forward to assisting.

Hello from Fulfillment by Amazon, On October 1, 2017, monthly inventory storage fees will increase from $0.64 per cubic foot to $2.35 per cubic foot for standard-size items and from $0.43 per cubic foot to $1.15 per cubic foot for oversize items for October, November, and December. For a limited time, however, you can remove inventory for free to avoid these previously announced fees. Starting today, September 19, 2017, FBA is waiving new removal-order fees for inventory that’s currently in U.S. fulfillment centers. Act quickly before normal removal fees apply again. To start, go to Manage Excess Inventory (Pro sellers) or FBA Inventory Age (Individual sellers) in Seller Central (sign-in required). Then choose Create removal order from the menu next to any FBA item in your inventory. The new Inventory Performance Index (IPI) can help you identify which ASINs to remove. The IPI will show your excess inventory and the estimated costs of holding this inventory. If you remove inventory free of charge under this promotion, you will not beable to send in more units of these ASINs until your inventory levels fall below our projection of your sales for the next two months or until January 1, 2018. This sales projection is based on your average sales from the past 90 days. Note that removals during peak and promotional periods could take longer to process than the standard 10 to 14 days. Learn more about free removals (sign-in required). The duration of the promotion is limited and may be discontinued at any time. Act now to take advantage. Thank you for selling on Amazon. Sincerely, The Fulfillment by Amazon team

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